4.8 • 764 Ratings
🗓️ 29 November 2020
⏱️ 64 minutes
🧾️ Download transcript
Join Marty as he sits down with Dr. Saifedean Ammous, Author of The Bitcoin Standard, The Fiat Standard and Principles of Economics, to discuss:
- The Fiat Standard
- Principles of Economics
- The University system
- "The Science"
- Lockdown hysteria
- Unexpected externalities from lockdowns
- much more
Follow Saif on Twitter
Checkout Saifedean.com and pre-order The Fiat Standard & Principles of Economics
Shoutout to this week's sponsors.
Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse when you download the app.
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0:00.0 | Sufrey's Situ boy, Marty Bent, here to introduce this episode of Tales from the Crypt. |
0:08.6 | I'd the immense pleasure of sitting down with Dr. Safedine Amuse for the third time in TFTC's history. |
0:17.2 | This time we focused on the two books, Safedin is about to release the Fiat standard and principles of economics. |
0:24.5 | Principles of Economics is an economics textbook. |
0:27.2 | The Fiat standard is an extrapolation on the Bitcoin standard, |
0:32.1 | but this time focusing on the ills of the Fiat standard, |
0:35.9 | how it came to be and comparing it and its functions, |
0:40.6 | its stakeholders to the stakeholders in the Bitcoin network, whether it be minors, full nodes, |
0:46.5 | devs, users. I think it's a very genius way to compare the fiat standard to Bitcoin. i think you guys are really going to like this |
0:57.0 | this episode was brought to you by our good friends at the motherfucking cash app cash yep cash |
1:03.6 | eap cash app's how about you send sets receive sets sell sets if you so please we're saying |
1:10.6 | sat sat sat sat sat sat sats because they made |
1:12.3 | sats as standard you can in the app you can keep bitcoin the standard if you want to |
1:16.2 | but when you make sats a standard you're stacking whole sats and not fractions of bitcoin and it |
1:20.7 | feels a lot better uh you don't want to get unit bias uh in the way it feels like you're buying more when you're stacking sats instead of |
1:29.6 | fractions of bitcoins. You can stack sats consistently and automatically via the cash app as well. |
1:36.9 | You can DCA daily, weekly, biweekly. I don't even know where the front running is right now. |
1:42.7 | Last I checked it was like 3.30 East Coast time. |
1:45.5 | I don't know what you freaks have been doing. |
1:47.4 | I think the front running is happening at all hours of the day now. |
1:51.8 | On top of that, you stack slivers of stonks, if you so please, if your favorite stonk is a little too expensive cash app investing is letting you buy as little as one dollar worth of that stunk |
2:05.0 | Since all this is connect to your bank account there's no four to five day waiting periods cashette may even be your bank account |
... |
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